HOUSE HUNTING

House hunting can be an exciting journey, most important you need to understand how to hire the right realtor and understand why hire a realtor, click link to learn more about why hire a realtor /WHY-HIRE-A-REALTOR---32819---32836---Dr-Phillips-6-14438.html

This involves searching for a property that meets your needs and preferences. It can include factors like location, size, layout, amenities, budget and much more. There maybe many more questions you may have on specific aspects in a home. The most common factors people consider when house hunting are Location to work, schools, amenities and safety. Size and layout of floor plan to flow with your family, bedrooms, baths and overall space with closets. What works for you may not work for another family. Condition of property including age of home, maintenance needed and potential of future renovations. Amenities helps to for all family members such as back yard size, golf course pool, tennis courts, basketball courts, if waterfront dock available and more. Resale value for potential appreciation and market trends in the area and overall neighborhood.

TAXES

Taxes play a huge decision in affording the right home. You may can afford the home but not the property taxes. Property taxes are imposed by the local government based on the assessed value of the property. Property taxes typically fund local services like schools, roads, public safety. Transfer taxes are imposed when a property changes ownership. These taxes are usually calculated as a percentage of the property sales price.

Capital gains kicks in if you sell your primary residence for profit, you maybe subject to capital gains tax on the earnings above a certain threshold. However, there are exemptions available for homeowners who meet a specific criteria. 

In some States there is mortgage recording tax that is levied on the recording of a mortgage when purchasing a property. The rates vary by location. Lastly Homeowner association fees are payments whether it's monthly, quarterly or annually is for the upkeep of shared amenities and services in community. Your trusted advisor can help you on this.

TRUSTED ADVISOR

As a trusted advisor, professional realtor and military veteran I am here to serve you in the Dr. Phillips and Central Florida housing market. Whether it is selling your home or for a home purchase. In the absence of trustworthy information whether it is a housing crisis or local housing market, real estate decisions are increasingly driven by fear, doubt and uncertainty. We as trusted advisors drive the real estate community to ensure you are making the right decision.

Part of my job is to keep you informed and educated about the local housing market trends, pricing inventory level, buying information on the buying and selling process to include common terms and videos. It is important to keep up to date on the housing market trends, don't get confused with the media, they talk national level, I can provide the most up to date local area data.

So don't let this shifting housing market delay your dreams, data reveals home values typically appreciate over time and that gives your net worth a nice boost. When you are looking for a home, look for your realtor with the heart of a teacher. If you are ready to start your journey, contact Kevin Strawter at 850 496-6412 to begin a new walk to homeownership and all your real estate needs. Always taking referrals.